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Exhibit 10.2
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First Chester County Corporation
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2009 EXECUTIVE INCENTIVE PLAN
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EXHIBIT C - L ONG T ERM I NCENTIVE P LAN
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M AY
4, 2009
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Portions
of this exhibit have been redacted and are the subject of a
confidential treatment request filed with the Secretary of the
Securities and Exchange Commission
The
following are the parameters for the 2009 restricted stock grants
for executives at First Chester County Corporation:
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I.
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Participants/Categories
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Category 1
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Chief Executive Officer President
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Category 2
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EVPs
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Category 3
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SVPs
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Category 4
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Managing Director of AHB Division
President of AHB Division
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II.
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Grant Date: TBD in accordance
with action of the Personnel and Compensation
Committee
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III.
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Grant Size
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Threshold
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Target
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Optimum
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Category 1 -
CEO/President
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Performance
Restricted
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1,500 shares
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3,000 shares
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4,500 shares
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Service
Restricted
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——
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2,000 shares
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——
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Category 2 –
EVP’s
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Performance
Restricted
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750 shares
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1,500 shares
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2,250 shares
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Service
Restricted
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——
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1,000 shares
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——
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Category 3 –
SVP’s
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Performance
Restricted
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325 shares
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650 shares
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975 shares
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Service
Restricted
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——
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425 shares
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——
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Category 4 – AHB
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J. Deitch
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Performance
Restricted
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1250 shares
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2500 shares
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3750 shares
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A. Smith
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Performance Restricted
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1000 shares
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2000 shares
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3000 shares
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Numbers of shares will not be
interpolated between points for performance between
points.
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Exhibit 10.2
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First Chester County Corporation
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2009 EXECUTIVE INCENTIVE PLAN
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EXHIBIT C - L ONG T ERM I NCENTIVE P LAN
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M AY
4, 200
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